Engelo Rumora
How I Completely Lost My A$$ On This Deal
G'Day everyone,It's your favorite Aussie and The Real Estate Dingo.I am writing to you today with my head down and my tail between my legs as I just lost $25,000 on a recent deal.ps. This post deserves at least 50 vot...
Jeff S.
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Todd Powell
Portland, Oregon annouces FREE rent; no evictions due to Virus!
My properties are south of Portland, Or but today they announced that tenants cannot be evicted if they fail to pay rent in Multnomah County. Further, they are asking the Oregon Legislature to step in and mandate this...
Jim K.
Important lesson learned cheap, passing it on
This year, I had an impressive first in my landlording career. I've already had to change out two legacy bathroom sink drain assembles in two rentals in two months. Anyone who has had to do work on bathroom vanity dra...
Forest Wu
List of Syndicators/GPs to AVOID?
Hi! One of my last posts was asking about syndications/PE opportunities. Unfortunately, I've come across quite a few people who are really upset with how their syndication experience has been. Quite a few people have ...
Jason Hartman
Have you had any experience with National Real Estate Insurance Group (NREIG)/Affinity Group Management?
We like the idea that this company caters/markets to investors; however, they denied one of our client's seemingly legit claims and it seems they trying to deny another one on a technicality. The second claim remai...
James Edmister
Pay down student loans faster or buy our first property?
Ok, I have read through the student loans posts and didn't see anything quite like our situation, so I figured I'd lay it out and see what you all thought.My wife and I have about $230K in combined student loan debt. ...
Account Closed
If YOUR party looses-How will YOU react?
If YOUR party loses-How will YOU react?
This is NOT meant to start conflict! The below is my personal experience only and I DO NOT expect others to agree! I would like to hear others views and...
Zack P.
Deal or No Deal? Memphis, TN 38115 Not Turnkey!!
Hi BP Community!!I finally found the right place to post this....I'm working on a deal right now in Memphis, TN and I was wanting to get some opinions on this. The property is in Memphis in Hickory Hill, 38115 and for...